Rio Tinto PLC (RTP) NewsBite - RTP Covered In Bloomberg Video Report Today
Tue. August 26, 2008; Posted: 11:35 AM
Aug 26, 2008 (Fresh Brewed Media via COMTEX) --
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PowerRating -- Rio Tinto PLC (RTP) was covered in a Bloomberg Video Report today and the stock is now at $380.23, up $.58 (0.15%) on volume of 198,260 shares traded. To see the video report go to http://www.marketintelligencecenter.com/VideoNews . Over the last 52 weeks the stock has ranged from a low of $257.71 to a high of $558.65. Rio Tinto PLC stock has been showing support around $369.53 and resistance in the $390.05 range. Technical indicators for the stock are bullish and S&P gives RTP a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on RTP the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 340 range.
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For full details on Rio Tinto Plc Adr (RTP)
click here. Rio Tinto Plc Adr (RTP) has Short Term PowerRatings of 7. Details on Rio Tinto Plc Adr (RTP) Short Term PowerRatings is available at
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